Bandung – West Java recorded the highest number of layoffs (PHK) in Indonesia from January to June 2026. A total of 6,727 workers lost their jobs, accounting for approximately 20.8 percent of the national total of 32,389 layoffs. In other words, one out of every five laid-off workers in Indonesia came from West Java. The high layoff figures drew sharp criticism from Zaini Shofari, a member of Commission V of the West Java Regional House of Representatives (DPRD). According to him, the large amount of investment flowing into West Java should go hand in hand with increased labor absorption, particularly for local residents. "It should be directly proportional. If there is investment, it means labor absorption grows, meaning employment increases, right? But apparently, that is not the case," Zaini said on Thursday (Aug 6, 2026). He assessed that this issue highlights an suboptimal synergy between incoming investment and the readiness of the workforce in West Java. Therefore, the Manpower Office (Dinas Tenaga Kerja) needs to play a more active role in preparing human resources (HR) that align with industry needs. "That means one of the pillars lies with the Manpower Office to develop the local workforce, for example. The labor absorption must be prepared. There should be synergy between investment in West Java and how that workforce is absorbed," he said. Zaini cited the condition in the Subang industrial area as an example. According to him, many hired workers still come from outside West Java, even though the investment is located within the province. "Take Subang recently; many people from outside West Java were hired there. It should be linear so that there is synergy between investments in West Java, prepared beforehand by the central government and continuous coordination with the provincial government, allowing the needs of companies to be met by local West Java workers," he explained. He clarified that investment decisions have largely been determined by the central government. As a result, local governments often lack sufficient time to prepare a workforce that matches the requirements of operating companies. "What happens is that investment decisions are made at the central level, and suddenly hundreds of hectares are allocated for a company. While the company is ready to offer jobs, local communities visited by these projects cannot yet access or enter that sphere," he said. Zaini also urged companies investing in West Java to pay greater attention to hiring from surrounding areas. While it should not be absolute, he believes local residents still deserve priority. "Since the company is located in the area, naturally, that is how it should be," he added. When asked about the need for regulations requiring companies to employ West Java residents, Zaini noted that such a policy could be considered. However, he emphasized that regulations must still take the specific needs of companies into account. "There should be something like that, though it doesn't have to be absolute. However, the surrounding community must be considered after all, that is partly why companies have CSR: to empower and support local residents," he concluded. [Source]
Aug, 10 2026
BANDUNG — West Java's economic growth in the second quarter of 2026, which surged to 5.73 percent, must deliver a tangible impact directly felt by all levels of the local community. This growth rate, standing above the national average of 5.29 percent, must not merely exist as an impressive figure on paper without concrete improvements in public welfare. The direct impact of this growth is crucial for West Java residents who currently require new job opportunities, increased household income, and targeted poverty alleviation. Without equitable distribution and optimal labor absorption, high economic growth risks triggering deeper social inequality between urban and rural areas. Promoting Inclusion and Reducing Poverty Rates Iwan Koswara, a member of Commission V of the West Java Regional House of Representatives (DPRD), commended the economic achievement as a positive signal for regional economic recovery and strengthening. However, he reminded the local government not to become complacent with macroeconomic indicators alone. "High economic growth is certainly something to be grateful for. However, what is more important is how the results of that growth can create jobs, increase public income, and sustainably reduce poverty rates," Iwan Koswara stated on Thursday, August 6, 2026. Iwan also highlighted the decline in West Java's poverty rate, which currently stands at 6.54 percent. While considering this indicator a positive development, he stressed that strengthening community empowerment programs is absolutely necessary so that residents build resilient, long-term economic fortitude. Strengthening Manufacturing and Vocational Education The manufacturing sector remains the main driving force and the largest contributor to West Java's economic growth rate. To maintain this momentum, the quality of local human resources must be continuously improved so they can compete and be absorbed by modern industries. A tactical step that the provincial government needs to accelerate is strengthening vocational education and job training programs, with curricula tailored to the actual needs of today's business world. "Commission V of the West Java DPRD will continue to push for improvements in education quality, training, and workforce competency so that the people of West Java can fill the available job opportunities," Iwan said, reiterating the legislature's commitment. Furthermore, equitable development remains an urgent task so that the benefits of growth are not solely enjoyed by residents in urban industrial areas, but also extend to remote rural communities. "Moving forward, economic growth must become increasingly inclusive. This means its benefits are felt by all levels of society, thereby continuously improving the quality of life for West Java residents," Iwan concluded. [Source]
Aug, 07 2026
Cirebon Regency (ANTARA) - The Cirebon Regency Government, West Java, has ensured that the establishment of Sustainable Food Agricultural Land (LP2B) will serve as a reference for spatial planning to provide investment certainty while preserving the sustainability of productive agricultural land in the region. Cirebon Regent Imron stated in Cirebon on Thursday that discussions regarding the LP2B document have reached the final stage before being signed and submitted to the central government for formal approval. According to him, certainty regarding the function of each zone is an essential requirement so that the development of agriculture, industry, and other business sectors can proceed in line with the spatial plan. "With a clear division between agricultural land and industrial zones, business actors will have certainty when investing," he said. He noted that the establishment of LP2B aims to protect rice fields while serving as an instrument to direct development so that land utilization does not overlap. During its preparation, he said, the local government prioritized land that remains productive and possesses adequate water source support, enabling it to maintain sustainable food production. He mentioned that areas such as Ciwaringin District, Gegesik District, and several other regions with sufficient irrigation systems are prioritized under the LP2B designation. "Areas deemed less optimal for agriculture are mapped as potential zones for industrial development and investment," he said. He highlighted several areas in eastern Cirebon, such as Pangenan, Losari, and Gebang Districts, as well as parts of the northern coastal route area, as locations being considered for non-agricultural development. On the other hand, he noted that the Kedawung, Talun, and Sumber areas are projected to develop as hubs for trade, housing, micro, small, and medium enterprises (MSMEs), and service activities. Imron said this spatial arrangement is designed to maintain a balance between protecting food land and meeting spatial needs for investment growth, allowing both to develop harmoniously. "We are still opening opportunities for the public, business actors, and investors to submit input before LP2B is officially established, given that land function changes will become increasingly restricted once approved by the central government," he said. Meanwhile, according to data collected by ANTARA, in 2024, the total area of Protected Rice Field Land (LSD) in Cirebon Regency was recorded at around 50,000 hectares, with LP2B covering approximately 43,000 hectares. [Source]
Aug, 07 2026
TRIBUNJABAR.ID, BANDUNG – West Java recorded the highest number of lay-offs (PHK) in Indonesia from January to June 2026. Based on data from the Ministry of Manpower, a total of 6,727 workers in West Java lost their jobs during the first six months of this year. On the other hand, realized investment in West Java reached IDR 138.13 trillion, absorbing 246,887 workers throughout the first semester of 2026. Responding to these figures, Pasundan University economic observer Acuviarta Kartabi assessed that the high lay-off rate is indeed linked to the large workforce size in West Java. However, according to him, this factor is not the sole cause, requiring a deeper look into the current condition of the business sectors. "By profile, West Java has the largest workforce in Indonesia, which correlates with the high number of lay-offs. However, that is not the only explanation," Acuviarta said when contacted by Tribun Jabar on Tuesday (4/8/2026). Acuviarta pointed to East Java, which has the second-largest workforce in Indonesia. Nevertheless, the lay-off figures in that province were significantly lower than West Java's. He explained that this occurred because East Java's economic structure is more diversified. Beyond maintaining its industrial and trade sectors, the province's agricultural sector continues to serve as a strong pillar for job absorption. "East Java is not among the top three provinces for lay-offs despite having the second-largest workforce. One reason is that the agricultural sector can still support job absorption alongside its relatively well-maintained industrial and trade sectors," he noted. In contrast, Acuviarta mentioned that both West Java and Banten face structural challenges in their industrial and trade sectors. In fact, Banten recorded the second-highest number of lay-offs, even though it does not rank among the top three regions with the largest workforce. "Lay-offs are indeed connected to a province's workforce size, but that is not always the case—as seen in East Java and Banten. This indicates underlying issues that must be examined further," he stated. According to Acuviarta, the majority of lay-offs occurred in the manufacturing and retail/trade sectors. This trend signals economic pressures at both the macro and micro levels. He added that the large volume of investment flowing into West Java has not yet provided sufficient leverage to sustain existing industries or generate enough new jobs. "West Java's investment realization is indeed the highest in Indonesia. However, what must be evaluated is how effectively that investment leverages worker absorption and ensures the sustainability of existing business sectors," he concluded. [Source]
Aug, 06 2026
TRIBUNJABAR.ID - GARUT – PT PLN (Persero) Customer Service Implementation Unit (UP3) Garut has reinforced its support for the industrial sector by energizing a new 240,000 VA electricity connection for a manufacturing company in Garut Regency, PT Mandala Logam Utama, on Thursday (30/7). This service is expected to support the smooth operation of the company while boosting industrial productivity in the region. This new electricity connection is part of PLN's commitment to providing a reliable, safe, and high-quality power supply for industrial customers. A reliable energy supply is considered a key factor in maintaining the continuity of production processes and enhancing business competitiveness. Manager of PLN UP3 Garut, Atikah Dewi Anggreny, stated that PLN continuously strives to deliver the best service to all customers, particularly in the industrial sector, which plays a vital role in driving the local economy. "The energization of electricity for PT Mandala Logam Utama demonstrates PLN's commitment to supporting the energy needs of the industrial sector. We are ready to deliver a reliable, safe, and high-quality power supply so that customer operations can run optimally and contribute positively to the economic growth of Garut Regency," said Atikah. PT Mandala Logam Utama is a manufacturing company engaged in rubber processing, producing various industrial components such as rubber rings, rubber seals, and other rubber-based products. Located on Jalan Raya Bandung–Garut, Kadungora District, the company markets its products to various regions across Indonesia. With PLN's electricity support, the company is expected to optimize its production capacity and strengthen its competitiveness in the national market. Meanwhile, General Manager of PLN West Java Distribution Main Unit (UID), Muhammad Joharifin, emphasized that PLN will continue to strengthen power system reliability to support business growth and the investment climate in West Java. "PLN is committed to being a strategic partner for the business sector through the provision of reliable and sustainable electricity. We hope that the availability of high-quality power will boost industrial productivity, strengthen company competitiveness, and deliver a positive impact on regional economic growth," said Joharifin. Through this new electricity connection, PLN reaffirms its role as an energy provider supporting the growth of the industrial and investment sectors. The availability of reliable power is expected to drive increased productivity, strengthen the business climate, and provide added value for sustainable economic development in Garut Regency [Source]
Aug, 06 2026
Bisnis.com, BANDUNG — West Java Governor Dedi Mulyadi (KDM) considers the layoffs (PHK) occurring in the garment industry, including the closure of PT Namnam Fashion Industries in Cimahi City which impacted 178 workers, to be part of a labor-intensive investment shift toward regions with lower labor costs. KDM stated that this phenomenon is common in labor-intensive industries such as garments, textiles, and footwear, which rely heavily on production cost efficiency. "Labor-intensive companies are indeed like that. Once they reach a certain point and another region offers lower labor costs, they usually move. That happens everywhere," he said on Tuesday (July 4, 2026). He explained that the nature of labor-intensive industries differs from capital-intensive ones, which tend to stay long-term. Therefore, companies in the garment sector have a tendency to relocate their production bases when alternative locations are deemed more competitive. "For labor-intensive industries, especially garments, it must be understood that within their business cycle, they may close or change locations," he said. Nevertheless, KDM ensured that job opportunities in West Java remain widely available. He noted that several new industrial estates are currently expanding and require a large workforce, particularly in the footwear and garment sectors. According to him, labor demand has shifted to eastern West Java regions such as Indramayu, Majalengka, and Garut Regencies, along with the growth of manufacturing investment in those areas. "Today, there are also many new job openings. Industrial estates continue to grow. Recruitment for the shoe, footwear, and garment industries is massive in Indramayu, Majalengka, including Garut," he said. KDM believes that this investment shift is driven by a more competitive labor cost structure compared to older industrial regions such as Greater Bandung, Karawang, Purwakarta, and West Bandung. "While they used to concentrate in Bandung, Karawang, Purwakarta, or West Bandung, they are now shifting because wages in Indramayu and Majalengka are lower, prompting companies to invest there," he said. Therefore, KDM urged affected workers to start exploring job opportunities in these new industrial estates. "If they want to continue working in the garment or footwear sectors, they must be prepared to move to those regions. The demand for labor remains huge, reaching tens of thousands of people," he said. Previously, PT Namnam Fashion Industries in Cimahi City ceased operations, resulting in 178 workers losing their jobs. Based on an investigation by the Cimahi City Manpower Agency, the company suffered a prolonged decline in orders until it was no longer able to sustain production activities. [Source]
Aug, 05 2026
Bandung (ANTARA) – The Regency Government of Bandung, West Java, recorded an investment realization of IDR 4.75 trillion in the first semester of 2026, reaching 114.4 percent of the first-semester target of IDR 4.15 trillion. Head of the Investment and One-Stop Integrated Services Agency (DPMPTSP) of Bandung Regency, Ben Indra Agusta, said in Bandung on Monday that this achievement has also fulfilled 45.8 percent of the total 2026 investment target of IDR 10.37 trillion. "Investment realization in Semester I-2026 reached IDR 4.75 trillion, or 114.4 percent of the set first-semester target," he said. According to him, Domestic Direct Investment (PMDN) still dominated the total investment realization at IDR 2.96 trillion, accounting for 62.38 percent of the total, while Foreign Direct Investment (PMA) reached IDR 1.79 trillion or 37.62 percent. "The investment composition is still dominated by domestic investment, while foreign investment also contributed significantly to the region's investment performance," he stated. Ben noted that the textile industry sector was the largest contributor to investment, valued at IDR 1.752 trillion or 36.8 percent of the total investment realization in Semester I-2026. Besides the textile industry, investment was supported by the chemical and pharmaceutical industry sector at IDR 579 billion; housing, industrial estates, and office spaces at IDR 554 billion; the electricity, gas, and water sector at IDR 379 billion; as well as the food industry at IDR 366 billion. "By subsector, the manufacturing industry still dominated investment realization at IDR 3.048 trillion or 64.1 percent of total investment in Semester I-2026," Ben said. He added that the investment achievement in the first semester serves as positive momentum to pursue Bandung Regency's full-year investment target for 2026, which is set at IDR 10.37 trillion. This investment realization also helped absorb 16,622 workers, consisting of 12,764 people from PMDN investments and 3,858 people from PMA investments. The textile industry was the sector with the largest job creation, employing 6,700 people, while by subsector, the manufacturing industry absorbed 9,023 workers, or 54.2 percent of the total workforce absorbed in Semester I-2026. [Source]
Aug, 05 2026
Bisnis.com, BANDUNG – The Bank Indonesia Representative Office for West Java Province, in synergy with the West Java Investment and One-Stop Integrated Services Agency (DPMPTSP), held the judging process for the 2026 West Java Investment Challenge (WJIC). This event aims to screen potential basic infrastructure projects that are ready to be offered to both domestic and global investors. The event, which took place in Bekasi City on Monday–Tuesday (July 27–28, 2026), was attended by 31 proposed investment projects from 20 regency and city governments across West Java. There are five priority sectors in main focus: waste management, water supply, market revitalization, public street lighting (PJU), and hospital construction. Deputy Head of the Bank Indonesia Representative Office for West Java Province, Muslimin Anwar, stated that this judging process is a crucial stage to ensure that each project meets international quality standards. These five sectors were selected because they play a strategic role in improving the quality of public services while driving the regional economy. "Through the West Java Investment Challenge (WJIC), we want to ensure that the investment projects offered by the regions not only have potential, but also meet the aspects of readiness, feasibility, and attractiveness for investors. Therefore, the judging process is an important stage to receive input from experts so that these projects become even more prepared for promotion and realization. Ultimately, the incoming investment is expected to drive regional development while providing tangible benefits to the public," said Muslimin Anwar. As a province with a significant contribution to the national economy, West Java continues to spur the availability of investment projects that meet the Investment Project Ready to Offer (IPRO) principles as well as the Clear and Clean (CnC) criteria. This serves as the key to building trust and attracting investor interest. The evaluation process was conducted comprehensively by a team of experts and practitioners from various fields, covering technical feasibility, implementation readiness, economic impact, environmental sustainability, and financing schemes. In addition to the assessment, participants received constructive recommendations to refine their investment proposals to make them more competitive in the global market. Through WJIC 2026, Bank Indonesia and the West Java Provincial Government are committed to enhancing local governments' capacity in preparing bankable project documents. This approach is expected to accelerate investment realization, strengthen basic infrastructure, and boost the region's economic competitiveness inclusively. Moving forward, the top 10 investment projects selected from this process will receive further mentoring. These chosen projects will be prepared for promotion at various national and international investment forums to foster sustainable economic growth in West Java. [Source]
Aug, 05 2026
The government has officially reactivated Husein Sastranegara Airport in Bandung, West Java, which will serve scheduled commercial flights starting September 17, 2026. This step is aimed at boosting the number of foreign tourists and strengthening the investment climate in the West Java region. The reactivation is the result of a collaboration between the Bandung City Government, the West Java Provincial Government, and the central government, as reported by Investor Daily. Currently, the Bandung City Government is preparing infrastructure and intensifying tourism promotion to welcome the airport's reactivation. The Mayor of Bandung, Muhammad Farhan, stated that collaboration between government levels is key to the reactivation process of Husein Sastranegara Airport. He mentioned that infrastructure preparations and tourism promotions are already underway as part of the strategy to support increased regional accessibility and attractiveness. "The reactivation of Husein Sastranegara Airport is the result of solid cooperation between the Bandung City Government, the West Java Provincial Government, and the central government," said Muhammad Farhan. He added that the main focus is to strengthen connectivity and boost the region's economic potential through the tourism and investment sectors. Preparations made by the Bandung City Government include constructing and improving supporting facilities so that the airport can operate optimally and attract tourists and investors. Tourism promotion efforts are also being scaled up to introduce destinations in and around Bandung to the international market. [Source]
Aug, 05 2026
Bandung (ANTARA) – The West Java Provincial Government is placing energy infrastructure development at the core of its regional investment strategy to boost competitiveness and attract more investors, following the groundbreaking of the Legok Nangka Waste-to-Energy (PSEL) project. Speaking in Bandung Regency on Wednesday, West Java Governor Dedi Mulyadi emphasized that electricity connection costs rather than land acquisition or permitting issues have become the primary hurdle facing investors today, making it a critical focus area. "I deal with investment matters every day. The biggest issue is no longer land or permits, but the cost of connecting to the power grid. Many investors have to spend substantial amounts just to build substations and power supply networks," he said during the Legok Nangka PSEL groundbreaking ceremony. He noted that the West Java Provincial Government aims to partner with state utility PT PLN (Persero) to develop electrical infrastructure, relieving investors of burdensome connection fees. "Moving forward, I hope the West Java Provincial Government can collaborate with PLN to build power infrastructure so that investors are no longer burdened by high setup costs," he stated. Dedi argued that government investment in energy infrastructure yields far-reaching economic benefits for the region, from job creation to increased tax revenues. "Investing in power grid construction offers far greater long-term economic returns because it creates jobs, boosts tax revenue, and accelerates economic growth. That is why I want to integrate energy infrastructure development into our regional investment strategy," he added. He expressed confidence that providing reliable energy infrastructure will significantly bolster West Java’s appeal as a premier investment destination. "If West Java successfully provides solid energy infrastructure, more and more investors will naturally come," he said. During the event, he also noted that the Legok Nangka Waste-to-Energy plant is engineered to process approximately 2,000 tons of waste per day with a total generating capacity of 40.79 megawatts (MW). The project, valued at approximately IDR 7.2 trillion, is targeted to begin operations in 2029 and is expected to strengthen power supply while addressing waste management challenges across the Greater Bandung area. [Source]
Jul, 30 2026
Bloomberg Technoz, Jakarta – The government, through the Ministry of Energy and Mineral Resources (ESDM), officially held the groundbreaking ceremony for the construction of the Legok Nangka Waste-to-Energy (PLTSa / PSEL) National Strategic Project (PSN) in Bandung Regency on Wednesday (July 29, 2026). Deputy Minister of Energy and Mineral Resources Yuliot Tanjung stated that the project's investment value reaches $400 million, or approximately IDR 7.2 trillion, with a total power generation capacity of 40.79 megawatts (MW). "PSEL Legok Nangka is designed with a generating capacity of 40.79 MW and an investment value of $400 million or around IDR 7.2 trillion," said Yuliot during the waste-to-energy groundbreaking event in Bandung Regency, quoted from the ESDM Ministry's official YouTube channel on Wednesday (July 29, 2026). This project represents the first Waste-to-Energy (PSEL) initiative utilizing a Public-Private Partnership (PPP / KPBU) scheme alongside PT Jabar Environmental Solutions (PT JES), backed by a Viability Gap Fund (VGF) facility of IDR 1.34 trillion from the Ministry of Finance. Additionally, funding is structured through a Joint Crediting Mechanism (JCM) scheme worth $46 million and an international investment of €35 million. This investment is also intended to support the local government in upstream waste management and further waste management training. "By saying bismillahirrahmanirrahim, we officially commence the construction of the Legok Nangka Waste-to-Energy Project," Yuliot stated. Yuliot expressed his appreciation to the West Java Provincial Government for supporting the accelerated development of the plant, as well as to the Japanese companies investing in the waste-to-energy sector, Sumitomo Corporation and Hitachi Zosen Corporation who have partnered with national firm PT Energia Prima Nusantara. "Thank you to the West Java Provincial Government for their support, and to the joint venture companies in this project: Sumitomo Corporation, Hitachi Zosen Corporation, KAISU Electric, partnering with our national enterprise, PT Energia Prima Nusantara," he explained. The Legok Nangka Waste-to-Energy plant is targeted to process approximately 1,853 to 2,131 tons of waste per day, supplied from Bandung City, Cimahi City, Bandung Regency, West Bandung Regency, Sumedang Regency, and Garut Regency. Meanwhile, expected revenue streams include a tipping fee set at IDR 386,000 per ton of waste. The electricity tariff is set at $0.0692 per kWh for Years 1–2 based on a business-to-business (B2B) agreement with state utility PT PLN, increasing to $0.1144 per kWh for Years 3–20 under Presidential Regulation No. 35 of 2018. For context, updates on Japan's funding commitment for the Legok Nangka plant emerged during the 9th Asia Zero Emission Community-Expert Group Meeting (AZEC-EGM) on Monday (January 26, 2026). The meeting focused on continuing efforts to resolve technical and/or business bottlenecks across various projects within the AZEC framework. Discussions at the 9th AZEC-EGM were divided into two main sessions. The first session addressed the power sector, focusing on the expansion of the Sarulla Geothermal Power Plant (PLTP), Hululais PLTP, the Java–Sumatra power transmission project, and the Legok Nangka Waste-to-Energy plant. The second session covered the sustainable fuels sector and other industries, detailing green ammonia initiatives in Aceh and Indonesia's proposal regarding a joint study template for Power Purchase Agreements (PPA). The Legok Nangka project has undergone an extensive process of technical coordination, financing, and sustainable development planning. During the meeting, Ueno Asako, Deputy Commissioner for International Affairs at Japan's Ministry of Economy, Trade and Industry (METI), expressed hopes that all six priority AZEC projects would demonstrate significant progress in the near future, particularly before the end of Japan's fiscal year in March 2026. Previously, the government issued Presidential Regulation (Perpres) No. 109/2025 on Urban Waste Management Through Eco-Friendly Waste-to-Energy Technology. Under this regulation, the government set the electricity tariff that PT Perusahaan Listrik Negara (Persero) / PLN must purchase from private Independent Power Producers (IPPs) at $0.20 per kilowatt-hour (kWh). This tariff marks a 48.15% increase from the previous maximum price cap of $0.135 per kWh set in earlier regulations. Furthermore, PLN is required to prioritize power dispatch from waste-to-energy plants into the grid ("must-dispatched") in accordance with the annual contracted energy amounts agreed upon. [Source]
Jul, 30 2026
Bisnis.com, KUNINGAN — Realized investment across the 10 regencies and cities belonging to Kunci Bersama reached Rp42.63 trillion from the first quarter of 2024 through the second quarter of 2026. This figure is seen as highlighting strong investor interest in the West Java–Central Java border area. However, behind this tens-of-trillions figure, a fundamental question remains: to what extent has this investment created jobs, driven economic growth, and improved public welfare? Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono (AHY) stated that this achievement serves as an indicator that the economic corridor, comprising Kuningan, Cirebon, Indramayu, Majalengka, Ciamis, Pangandaran, Cilacap, and Brebes Regencies, along with Cirebon and Banjar Cities is emerging as a new investment destination. "This corridor of 10 regencies and cities is growing significantly. It proves that Kunci Bersama is a new investment epicenter that is attractive to investors," AHY said on Tuesday (July 28, 2026). Even so, the Rp42.63 trillion investment value does not fully reflect the quality of the region's economic growth. The published data has not yet included details regarding the number of realized projects, the breakdown between Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI), the business sectors dominating investment, or the number of workers absorbed. The absence of this data leaves the high investment figure unable to be directly linked to tangible economic benefits felt by the public. In economic measurement, investment is a vital indicator, but its success can only be truly evaluated when it generates production activity, creates jobs, raises household incomes, and strengthens regional economic growth. The ten member regions of Kunci Bersama possess distinct economic characteristics. Majalengka, for example, features Kertajati International Airport as a strategic infrastructure asset, while Indramayu is recognized as an energy and agricultural hub. Cirebon Regency has an industrial and trade base, whereas Pangandaran relies on the tourism sector. Without region-by-region data, it is difficult to measure whether investment is evenly distributed or concentrated in specific areas. Minister AHY assessed that the development of border regions must be viewed as part of the national development strategy. According to him, inter-governmental synergy is essential so that investment can deliver a broader impact. "We must view regional development within the big picture of national development. Synergy is key to ensuring development is carried out in an integrated manner and delivers maximum impact for the public," AHY said. AHY noted that the government is orchestrating various technical ministries to accelerate regional development by strengthening infrastructure, food security, water security, clean energy development, the 3 million housing construction program, and the optimization of Kertajati International Airport as a new hub for economic growth. However, this agenda still requires more measurable indicators to evaluate its success. Beyond investment figures, the government needs to demonstrate its contribution to Gross Regional Domestic Product (GRDP) growth, increased business sector productivity, and job creation in each area. Head of the Kunci Bersama Secretariat, who is also the Regent of Kuningan, Dian Rachmat Yanuar, said that investment should not only be defined as capital inflow, but also as a sign of investor trust in a region. "Trust is born when the government is able to deliver certainty, convenience, and commitment toward sustainable development," Dian said. According to him, the Kunci Bersama area holds immense potential, supported by a population of nearly 14 million people and strengths in modern agriculture, agribusiness, manufacturing, marine affairs, fisheries, livestock, tourism, and carbon trading. This potential, according to Dian, needs to be translated into productive and sustainable investment. Therefore, Kunci Bersama proposes that the region be designated as a National Investment Desk to accelerate equitable investment across the West Java–Central Java border region. For economic players, the ultimate measure of investment success does not stop at the amount of capital coming in. "What matters more is how much that investment can create jobs, increase production capacity, expand local business activity, and drive more equitable economic growth," Dian said. [Source]
Jul, 29 2026
Kontrolnews.co – West Java | The West Java Regional Police (Polda Jabar) have uncovered two fraudulent trading investment schemes, with total victim losses reaching IDR 4.86 billion. During the disclosure, police arrested two suspects who used different methods to trap their victims. Head of Public Relations for the West Java Regional Police, Senior Commissioner Hendra Rochmawan, stated that both cases followed a similar pattern: enticing victims with high investment returns before eventually absconding with their money. The first case involved a suspect with the initials ZAM, who targeted a victim from Cirebon. The perpetrator initially made contact with the victim on social media using a fake identity featuring a photo of an attractive woman a method commonly known as a love scam. After establishing a relationship, communication continued via WhatsApp. "The perpetrator then persuaded the victim to join a trading investment, which turned out to be a fraudulent platform," Hendra said at the West Java Regional Police Headquarters on Monday, July 27, 2026. Director of Cyber Crime Investigation at the West Java Regional Police, Senior Commissioner Fian Yunus, stated that the victim initially made a profit, gaining their trust and prompting them to continuously inject more investment funds. However, once the investment amount grew significantly, the perpetrator fled with all of the victim's money. The victim suffered losses totaling IDR 860 million. Police revealed that ZAM is an Indonesian citizen who learned the love scam method from a criminal network based in Cambodia. Meanwhile, the second case involved a suspect with the initial E, who was apprehended in Jakarta. The suspect, a resident of Riau, offered a trading investment via a website link to a victim from Bandung. "The victim then joined the investment and deposited funds in stages, eventually reaching IDR 4 billion," he explained. However, the promised profits could never be withdrawn, and the victim's funds were ultimately stolen by the perpetrator. For their actions, both suspects are charged under Article 45A Paragraph (1) in conjunction with Article 28 Paragraph (1) of the Electronic Information and Transactions (ITE) Law, facing a maximum penalty of six years in prison and/or a maximum fine of IDR 1 billion. Additionally, they are charged under Article 51 in conjunction with Article 35 of the ITE Law, carrying a maximum penalty of 12 years in prison and/or a maximum fine of IDR 12 billion. [Source]
Jul, 28 2026
RRI.CO.ID, Kuningan – Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono (AHY) encouraged the Kunci Bersama area to become one of the national strategic growth regions through strengthened synergy among the central government, local governments, the business sector, and investors. AHY made the statement while opening the Kunci Bersama Summit 2026 at the Merlynn Park Hotel, Jakarta, on Monday, July 27, 2026. The forum, which brought together the central government, local governments, business players, and investors carried the theme "Cross-Border Synergy to Build an Ecosystem for Investment, Collaboration, and Advancement in the West Java–Central Java Border Region Towards Golden Indonesia 2045." "We must look at regional development within the big picture of national development. Synergy is key to ensuring that development is carried out in an integrated manner and yields maximum impact for the public," AHY stated. According to AHY, the government is currently orchestrating various ministries to integrate regional development, ranging from infrastructure, food security, water security, clean energy, and the three million houses program, to the optimization of Kertajati International Airport as a new hub for economic growth. He expressed hope that the Kunci Bersama Summit would not merely serve as a discussion forum, but would produce concrete partnerships that accelerate investment and enhance regional connectivity. The forum was attended by 10 regencies/cities in the border region of West Java and Central Java, namely Kuningan Regency, Cirebon Regency, Cirebon City, Ciamis Regency, Cilacap Regency, Indramayu Regency, Pangandaran Regency, Majalengka Regency, Banjar City, and Brebes Regency. Deputy for Investment Implementation Control at the Ministry of Investment/BKPM Edy Junaedi revealed that investment realization in the region reached IDR 42.63 trillion from the first quarter of 2024 through the second quarter of 2026. "This 10 regency/city corridor has grown very significantly. This proves that Kunci Bersama is an attractive new epicentre of investment for investors," he said. The event concluded with the signing of the Kunci Bersama Summit 2026 Declaration as a commitment to strengthen synergy in developing the West Java and Central Java border regions. [Source]
Jul, 28 2026
JAKARTA, KOMPAS.com – The Jakarta Composite Index (IHSG) opened lower during Monday's trading session (July 27, 2026). According to Indonesia Stock Exchange (IDX) data at 9:00 AM WIB, the IHSG stood at 6,180.33, down 16.08 points or 0.26 percent compared to the previous closing level of 6,196.43. In early trading, the index fluctuated between 6,172.84 and 6,188.03, reflecting persistent selling pressure dominating the market. Early session trading activity recorded a transaction value of approximately Rp 336.7 billion, with a volume of 557.2 million shares traded across 68,480 transactions. A total of 189 stocks gained, 239 stocks declined, and 537 stocks remained stagnant. Market Eyes Bank Indonesia Governor's ResignationToday's movement in the IHSG takes place amid market sentiment following the resignation of Bank Indonesia (BI) Governor Perry Warjiyo. The government confirmed receiving Perry's resignation letter submitted to the President on Sunday (July 26, 2026). However, the government has yet to reveal the reasons behind the decision. "As of yesterday, we officially received the letter of resignation from the Governor of Bank Indonesia addressed to the President," said Minister of the State Secretariat, Prasetyo Hadi, on Monday (July 27, 2026). Prasetyo stated that the government will process administrative procedures in accordance with the Bank Indonesia Law by issuing a Presidential Decree regarding Perry's honorable discharge. Following Perry's resignation, the position of Bank Indonesia Governor will temporarily be assumed by Senior Deputy Governor Destry Damayanti. The appointment takes effect automatically under the provisions of the Bank Indonesia Law. Destry will subsequently fulfill all duties of the BI Governor in an acting capacity. "The position of Governor of Bank Indonesia will automatically be held by the Senior Deputy Governor, who will then perform all duties as acting governor," Prasetyo said. "For the record, the Senior Deputy Governor referred to is Ms. Destry Damayanti," he added. The government also assured that policy coordination between Bank Indonesia and the Ministry of Finance remains intact. Bank Indonesia will continue its duty of maintaining monetary stability, while the government, through the Ministry of Finance, maintains fiscal policy execution. "BI plays a crucial role in safeguarding our monetary stability, while the government, in this case, the Ministry of Finance continues its function of maintaining fiscal policy, naturally remaining in close coordination," Prasetyo stated. [Source]
Jul, 27 2026
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